Mississippi Senate Bill 2986 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Democrat 1)
Status: Failed on March 27 2024 - 100% progression
Action: 2024-03-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Enact The Mississippi Affordable Housing Tax Credit Act; To Provide A Tax Credit Against Mississippi State Income Tax, Franchise Tax Or Insurance Premium Tax Liability For Eligible Investors In Low-income Affordable House Projects Approved By The Mississippi Home Corporation; To Establish Standards For Qualified Projects And The Tax Credit To Be Administered By The Mississippi Home Corporation; To Provide That State Credits Shall Not Exceed Federal Low-income Housing Tax Credits And To Establish A State Cap For The Credits; To Provide For The Carryover Of Unused Credits; To Require Review Of The Program; And For Related Purposes.

Mississippi Affordable Housing Tax Credit Act; enact.

Sen. John Horhn [D]

Date	Chamber	Action
2024-03-27	Senate	Died In Committee
2024-03-08	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2024/pdf/history/SB/SB2986.xml
Text	https://billstatus.ls.state.ms.us/documents/2024/html/SB/2900-2999/SB2986IN.htm